Nutanix receives $101 million in funding

Nutanix is a company that offers computer and storage infrastructure for enterprise-class virtualization without requiring expensive network storage. The company has raised $101 million in funding at a $1 billion valuation. Nutanix has raised $172.2 million in four rounds of funding. Nutanix works closely with Fusion-io to offer a hardware box for corporate data centers, according to BusinessInsider. If one of the boxes needs more power, another one can be attached to it. Nutanix did does not disclose their annual revenues, but they have hit $100 million in lifetime sales since starting in 2009. This round of funding was led by Riverwood Capital and SAP Ventures. Other investors that participated were Morgan Stanley Expansion Capital and Greenspring Associates.